The most accurate statement about marketing is that <u>B) It can help </u><u>create jobs </u><u>in the </u><u>economy </u><u>by </u><u>increasing demand </u><u>for </u><u>goods </u><u>and </u><u>services</u><u>.</u>
Marketing refers to the various methods a company is able to advertise itself and its products such that more people will becoming interested in it thereby leading to an increase in demand for their goods and services
If this happens to a company, they will be able to make more profit which will allow them to expand. Expansion needs more employees to work so the company will have to hire more people thereby creating jobs in the economy.
Other options are wrong because:
- Marketing is always important, even when goods are standardized
- Marketing has an impact on the intangible assets of a company especially goodwill
- Marketing is more important to smaller firms than larger ones
In conclusion, marketing leads to increased employment in an economy.
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<u>Options for this question include:</u>
A) It is of little importance when products are standardized.
B) It can help create jobs in the economy by increasing demand for goods and services.
C) It helps to build a loyal customer base but has no impact on a firm's intangible assets.
D) It is more important for bigger organizations than smaller ones.
Exit strategies involve an initial public offering, private sale of stock, succession by a family member or a nonfamily member, merger with another company, or liquidation of a company.
What is exit strategy?
When specified conditions either have been fulfilled or exceeded, an investor, trader, venture capitalist, or business owner would implement an exit strategy, which is a contingency plan, to liquidate their position in one or more financial assets or to sell tangible company assets.
Why exit strategy is important?
Creating a smooth transition for your management team and other stakeholders. Generating a potential income for retirement or disability. Enhancing the future worth of your business. Reducing or deferring the potential tax impact on your estate, spouse or family.
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If an applicant is experienced, has a solid work history, and is staying within her field, the most effective format for her resume would likely be "chronological".
The chronological resume is the most used out there, it’s the employer’s favorite as it is very easy to read and it’s hard to hide anything in it.
The functional format should be used when you want to draw attention away from your work experience due to job hopping, a very long career, a very short career, long gaps, re-entering the job market and so forth.
This question is not complete.
Complete question:
The example of a consumer goods company operating in China is insightful because the firm expected to only have one week to decide whether to purchase another firm when the circumstances arose and one was available. The text discusses a U.S. firm that also seems to be leveraging operations in China. For example, this firm designed an inexpensive portable ultrasound scanner. The design team was based in China. What is the firm discussed?
A. GE
B. HP
C. IKEA
D. Siemens
E. Walmart
Answer:
A. GE
Explanation:
The full meaning of GE is the General Electric company. It was founded in 1892.
It is a consumer goods company with so many subsidaries that is focused on Energy, Heath care, Software, Lightning , e.t.c.
One of General Electric subsidiary is General Electric Healthcare and they are focused on producing healthcare technology which includes Xrays, Ultrasound scanner for medical imaging.
The information given implies that the inference is that such an activity will her business as she'll have to pay more interest for the money borrowed.
<h3>What is an inference?</h3>
An inference is the conclusion deduced based on the information given.
In this case, the information given implies that the inference is that such an activity will her business as she'll have to pay more interest for the money borrowed.
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